Wertheimer Family

Estimated Net Worth: $57.6 billion

French high fashion house Chanel is legendary for the timeless “little black dress,” the No. 5 perfume, and the deceased, high-profile designer Karl Lagerfeld. Brothers Alan and Gerhard Wertheimer now co-own the company that their grandfather staked with founder Gabrielle Coco Chanel. Worldwide, Chanel S.A. operates around 310 Chanel boutiques. The privately held company is run by Alain who has presided over the acquisition of several non-Chanel brands, including Eres Lingerie and beachwear, Tanner Krolle saddles and leather goods, and Holland & Holland, a British gun maker. Based in France, the Wertheimer brothers own French vineyards including Château Rauzan-Ségla in Margaux, and Château Canon in Saint-Émilion, both of which have won rave reviews from oenophiles. Both brothers are enthusiastic equestrians who also inherited and operate an important Thoroughbred horse racing stable they call La Presle Farm or Wertheimer farm for racing in the United States and is known as Wertheimer et Frère partnership in France

Coco Chanel

Wertheimer Residence